A PSECU mortgage specialist will review your application after you submit your mortgage application.
We’ll solution any concerns you could have and, if qualified, offer a preapproval letter if you’re purchasing a house. The preapproval page shows you precisely how much home you are able to afford and assists you create a strong bid towards the vendor.
When you discover the house that is right get under agreement, we could progress into the loan process. At this time, you provide more descriptive monetary information. Through the procedure, our underwriters will carefully review your loan. After closing, we’ll service your loan through the life of one’s home loan.
Except you won’t receive a preapproval letter if you are choosing to refinance your mortgage with PSECU, the process is very similar. An average of, it requires 45 – 60 days from application date to closing date.
We usually do not provide to properties which are:
- Single-wide produced houses
- Perhaps perhaps perhaps Not in appropriate marketable condition
- Domestic investment condo or manufactured domiciles
- Found outside Pennsylvania